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they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then "the simpsons" movie was released worldwide grossing 527 million by 2011 the show made it $1 billion of profits and has a star on the hollywood walk of fame. the first fox show to break into the top 10 ratings its premiere in 23 years ago today. new report showed 2013 did have a bigger housing recovery. stay with us. ♪ gerri: 2013 housing forecaster out and looking good. gerri: well this year is shaping up to be a great year for housing. forecasting prices to soar after 7.5% lesser. total home sales for the year marking the first increase since 2005. joining me now, vice chairm
they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then...
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increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds the limit, the first thing you do is rip up the card, the second thing you do is you say you need to change your spending habits. >> reporter: they say we need to a just what bills we are paying and how they are paying. jon: the issue of depending on disaster relief could provide tkraeupl drama there on capitol hill. >> reporter: speaker john boehner promised that the house would take up sandy relief bills today. some republicans are saying we should pay the disaster relief money but we should also pay for them, so wrong man make mulvaney from south carolina has offered an an amendment offering an aeu skro
increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds...
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say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of discretionary spending lop it off and throw it away. if you look at priest proposals, doing away with the legal services and you think wait a minute. there is a political agenda here being pursued by people who want to do away with the discretionary spending. the comeback has been this is the first time. you have never had a situation where disaster relief has been attached to, the compensatory cuts in the rest of the budget. >> bret: right. that is a fair point. they makebe is that to tie all of this together has not happened before. it didn't happen in katrina and it didn't happen in othe
say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of...
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
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. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it classy. probably sweeps the rooms out and does the dishes. >> eric: leave it there. directly ahead, glamour, glitz, controversy in tinsel township. yotown. stars gathered for the golden globes. we have our best moments. >> dana: next on "the five." ♪ ♪ back to new york and my colleagues with "the five." >> i really haven't been followen the controversy over "zero dark thirty" but when it comes to torture i trust a man who spent three years married to james cameron. >> kimberly: all right. well that was co-host amy having fun at james cameron's expense last night. "argo" and "girls" and "homeland" were the big winner bus the three-hour
. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it...
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it is a tax-deductible charitable contribution. you know what the networks spent here it is a pittance of what we're asking for in comparison, bring you a daily grassroots investigative news hour. please keep hope alive. keep link tv
it is a tax-deductible charitable contribution. you know what the networks spent here it is a pittance of what we're asking for in comparison, bring you a daily grassroots investigative news hour. please keep hope alive. keep link tv
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had delivered what many described as one of the most electrifying keynote speeches in american history at the democratic national convention that year in boston. tavis: it is fascinating to me, coming into the national consciousness as we were talking the other day, we were talking and it was fascinating to sit here in this hall and watch you come into the process of -- consciousness of everyone across the country. >> the nice thing aside from having a wife who has a great sense of humor and does not take this stuff too seriously, to remind you of who you are, what i tried to do in that speech is give voice to what i
provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had...
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so we raise taxes, we got pretty much exactly what obama asked for with a big tax hike and obama's response is, now we need a balanced approach where we raise more taxes. >> megyn: jonah goldberg, thank you. >> thank you. >> megyn: up next, a popular internet activist was faced with a possible 35 years in jail for hacking before took his own life. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. >> fox news alert. we told you at the top of the hour how ejust got word from the white house briefing that the the president will deliver his plan for the gun crackdown, however you want to phrase it, the executive orders that he is prepared to issue on guns in addition to the legislative push that we expect him to make around this time tomorrow. well, moments ago we just learned that the president will be joined by children from around the country who wrote letters to the president in the wake of the newtown tragedy, expressing their concerns
so we raise taxes, we got pretty much exactly what obama asked for with a big tax hike and obama's response is, now we need a balanced approach where we raise more taxes. >> megyn: jonah goldberg, thank you. >> thank you. >> megyn: up next, a popular internet activist was faced with a possible 35 years in jail for hacking before took his own life. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so...
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei gained 77 points but the hang sell fell 31. nas dam and s&p slipped monday thanks to worries apple has gone sour. shares of the tech titan dipped below $500 for the first time in one year after reports the company cut orders for iphone parts due to weak demand. after the bell ben bernanke praised washington's fiscal cliff deal which he said probably would have caused a recession this year but cautioned, quote, we are not out of the woods yet. >>> a troubling new report finds more than one in four workers are dipping into retirement funds to keep up with their current bills. apparently folks in their 40s are most likely to do this.
airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei...
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so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice with three of your daily vegetable servings in every little bottle. >>> here's a look at weather. in new york, mostly cloudy, 43. showers in miami, 82. partly sunny in chicago, 29. partly sunny in dallas, 44. sunny in l.a., 60 degrees. >>> let's check your national forecast. a sluggish winter storm is bringing ice warnings and winter weather alerts across the midsection. meteorologists warn of dangerous ice accumulations and flooding. parts of the mid-atlantic could see rain, ice, and wet snow creating dangerous travel conditions. the mideast and west will stay mostly dry. >>> in sports, the oklahoma city thunder are the nba's first team to get 30 wins. leading the way as always for okc, kevin durant and russell westbrook. third quarter westbrook weaves in the
so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice with three of your daily vegetable servings in every little bottle. >>> here's a look at weather. in new york, mostly cloudy, 43. showers in miami, 82. partly sunny in chicago, 29. partly sunny...
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even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid. that is their mortgage emergencies, that upsetting the other stuff, defaulting it is not, that is why some republicans are paying so tough, raise but only if you match in equal spending cut, president said that is crazy, tea party activist thinks that going through this shar charade is cr, what do you think? >> i am so glad that you are pointing this out, i think it is so irresponsible -- i know that very few others in the media are going to point this out. this is a perpetual problem, it is a lie. and it is u
even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when...
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claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled water sales on campus. they've even converted water fountains to bottle-filling stations. >>> over to wall street this tuesday morning. the dow opens the day at 13,507 after adding 18 points yesterday. the s&p and nasdaq were both down. overseas the nikkei gained 77 points but the hang seng fell 31. >>> the nasdaq and the s&p slipped monday thanks to worries that apple has gone sour. shares of the tech titan dipped below 500 for the first time in nearly a year after reports the company has cut orders for iphone parts due to weak demand. >>> meanwhile, pc maker dell surged 13% on fresh takeover talk. after the bell, fed chief ben bernanke praised washington's recent fiscal cliff deal which he said probably would have
claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled water sales on campus. they've even converted water fountains to bottle-filling stations. >>> over...
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and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was too polite to say. he said during the campaign committee has every right to put those examples on because when that happened many people took exception to it. it was more than a dog whistle comments were anyone knew what to deny that happened is to make his case for him. lou: so if you argue as to menu just proved the case for him, and therefore all the damfool would argue about an objective standard of truth to what the value or racists confirms. that's pretty complicated and we that's pretty complicated and we thank you for sharin this is $100,000. that's pretty complicated and we thank you for sharin we asked total s
and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was...
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corporate subsidies we give out something like the oil industry as an example how we deal with revenues and taxes that are actually a lot more fundamental than these projects even though they can and often are a problem but in this bill what you see is you see a republican party which is more and more out of the northeast using a bill that will not really affect their constituents because they're not at the receiving end of this emergency to kind of extract political wins so in this case it's there is some legitimate issues being raised but it's has to be really cautious in terms of how it's being applied and whether it's being applied and if you look into some of the republican members who are blocking this money now they they've certainly been you know. active in your markers themselves they've certainly got out and gotten this type of funding for their districts themselves even non-emergency situations. and even in non-emergency situations so you know i would kind of be weary about people having a sort of holier than thou moment about this funding particularly now given the severity of the sit
corporate subsidies we give out something like the oil industry as an example how we deal with revenues and taxes that are actually a lot more fundamental than these projects even though they can and often are a problem but in this bill what you see is you see a republican party which is more and more out of the northeast using a bill that will not really affect their constituents because they're not at the receiving end of this emergency to kind of extract political wins so in this case it's...
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not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technology, and investors have been very disappointed. shares are down by more than 12% on the frankfurt floor, but also the market is down in general. the dax loses 1% at the moment. the euro stoxx 50 is down by 0.75%, waiting for wall street, opening up significantly lower, and the dollar -- the euro is also significantly down. and at air berlin is to cut 900 jobs in t
not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession....
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they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around the log jam. but i have to tell you the ideology of the republicans is different than the democrats. they don't mind the inequality. or they believe by giving more money to the most well off that it will trickle down and everyone will get better off. yes, america is facing not a problem but a crisis of governing. if we can't overcome it, then we had deteriorate and no longer be a world leader. >> reporter: it's that serious? and just one question. you reported you had prostate cancer. >> yes. reporter: how are you doing? i'm doing well. ask me in 20 years. >> repor
they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around...
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not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technology, and investors have been very disappointed. shares are down by more than 12% on the frankfurt floor, but also the market is down in general. the dax loses 1% at the moment. the euro stoxx 50 is down by 0.75%, waiting for wall street, opening up significantly lower, and the dollar -- the euro is also significantly down. and at air berlin is to cut 900 jobs in t
not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession....
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blitz tonight, reacting to a full-fledged assault on sugary sodas that include school bans, proposed taxes and an often-mocked new york city effort to eliminate large sizes. >> oh, no! i'm on the run from johnny law! >> reporter: but many feel it's no joke. after all, the average american gets 45 gallons of sugary soft drinks a year. that's 1 1/2 barrels of soda pop. in fact, sugary sodas are the single largest source of calories in the american diet. even this small can has the equivalent of six sugar cubes in it. the regular soda, 14 sugar cubes. and that big gulp? 32 sugar cubes. critics argue they're not just ordinary calories, either. they're empty of nutrition and don't tell the body its full. >> with beverages, we drink the calories and consume more foods on top of those calories. >> reporter: coke's new commercial promotes exercise programs to work off what you drink. but for the world's largest soda maker today, it's no coke and a smile. jim avila, abc news, washington. >>> and as we begin another week, we begin it watching the flu continue to move across the country again. tonigh
blitz tonight, reacting to a full-fledged assault on sugary sodas that include school bans, proposed taxes and an often-mocked new york city effort to eliminate large sizes. >> oh, no! i'm on the run from johnny law! >> reporter: but many feel it's no joke. after all, the average american gets 45 gallons of sugary soft drinks a year. that's 1 1/2 barrels of soda pop. in fact, sugary sodas are the single largest source of calories in the american diet. even this small can has the...
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economists anticipate the payroll increase tax hike will reduce u.s. house hold incomes by a collective $125 billion this year. >>> a another brutely cold night and into tomorrow morning. it is going to be freezing and below freezing once again. a look here at the pattern. we remain with the trough to the east of us. a ridge of high pressure to the west, but this ridge is slowly nudging east, and eventually, by midweek wednesday and lasting into the weekend, it will be overis, and that is going to bringis warmer weather. so warmer weather on the horizon, it's not going to be here in time for tomorrow morning. tomorrow morning very cold once again. lows sinking back into the 20s and 30s. if you're just joining us, freeze and frost advisories once again, freeze for our inland valley location,, that frost will be with you as you start the day, perhaps even a little bit of black ice. tomorrow morning 27 in santa rosa. upper 20s in concord. 27 in fairfield, freezing in san jose. below freezing in redwood city, as we get into the afternoon, temperatures are
economists anticipate the payroll increase tax hike will reduce u.s. house hold incomes by a collective $125 billion this year. >>> a another brutely cold night and into tomorrow morning. it is going to be freezing and below freezing once again. a look here at the pattern. we remain with the trough to the east of us. a ridge of high pressure to the west, but this ridge is slowly nudging east, and eventually, by midweek wednesday and lasting into the weekend, it will be overis, and that...
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he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to continue to expand government. he doesn't care about deficits. he's not going to deal on this. >> you know, a couple of times during the news conference, i was interested in this. president obama said to congress, go ahead, give me the power and i'll issue more debt. that's really what he wants. he wants the power to issue unlimited debt so he can have unlimited spending and eventually he's going to get around to unlimited tax hikes. >> well, to be clear, as you know, when we talk about the debt, the president doesn't get to decide, you know, how much we're spending
he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to...
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i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care, or a scientist to shut down lifesaving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and our schools, invest in our workers' skills, or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone
i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision...
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that tax cut was not renewed by congress, so the tax reverted back to where it was in 2010. so expect to% less in your take-home pay. >> bridge co. coca-cola says, that it wants to work with communities to fight obesity. the company is at debuting this and video on the national cable news network's. the two-minute video will encourage people to be mindful of calories, and how they can affect how they way. the company says, the point of this video is to emphasize what coca-cola is going to offer customers help the options. >> we will be right back. >> welcome back. we are talking winners analyzers on wall street with rob black. >> the winner is all mark. wal-mart pledges to hire 100,000 plus veterans. >> clearly veterans have leadership. they follow orders. beginning memorial day wal-mart will start an initiative to hire veterans. they will make them listed at their stores and distribution centers. i like the store because this is a nice transition periods it is nice to know that we have something available for our veterans. >> let's talk about a loser here with fitch. perry
that tax cut was not renewed by congress, so the tax reverted back to where it was in 2010. so expect to% less in your take-home pay. >> bridge co. coca-cola says, that it wants to work with communities to fight obesity. the company is at debuting this and video on the national cable news network's. the two-minute video will encourage people to be mindful of calories, and how they can affect how they way. the company says, the point of this video is to emphasize what coca-cola is going to...
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the carbon tax. the carbon tax is a broad-based tax that does not in fact have to have a big impact on consumers. it could be placed on electric utilities, something they avoid by moving to clean energy so they don't have to pay it. but if we had the carbon tax it would help close the deficit and would be a stimulus the utilities to move to clean argue. that's the second idea. the third, many states now are following the lead of connecticut, the first state to have the state green bank that couples with the private sector in finances for solar or electric utility grid rebuilds or energy efficiency members. let's have the federal government loan money to state green banks at the extraordinarily low rate. these are a handful of different ways to provide the financing support and the tax policy support for massive private investment. >> host: are we going achieve some of the goals in the politics of abundance, what the role of the sec. the sec can take the lead on a handful of topics and should provide
the carbon tax. the carbon tax is a broad-based tax that does not in fact have to have a big impact on consumers. it could be placed on electric utilities, something they avoid by moving to clean energy so they don't have to pay it. but if we had the carbon tax it would help close the deficit and would be a stimulus the utilities to move to clean argue. that's the second idea. the third, many states now are following the lead of connecticut, the first state to have the state green bank that...
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to save the stations but voted down measure q in november which would have been a $75 a year parcel tax. firefighters at the stations that closed didn't lose their jobs but instead filled vacancies at other stations or were reassigned. in martinez, elissa harrington, cbs 5. >>> fire investigators are looking for what sparked a blaze on a pier in crockett this morning. the fire was first reported shortly before 4 a.m. near the intersection of jackson street and loring avenue. contra costa fire boat battled the flames with help from the u.s. coast guard. there was an added concern about floating debris on fire, as well. >> the concern is floating burning debris that could get under the very large wooden pier that they have on the north side. >> fire investigators are calling the fire suspicious because the same pier burned just a couple years ago and because there's no electricity service there to point towards an electrical problem. >>> a big rig hit and killed a woman in cupertino this morning around 7 a.m. on foothill expressway near stevens creek. police say the truck was heading sout
to save the stations but voted down measure q in november which would have been a $75 a year parcel tax. firefighters at the stations that closed didn't lose their jobs but instead filled vacancies at other stations or were reassigned. in martinez, elissa harrington, cbs 5. >>> fire investigators are looking for what sparked a blaze on a pier in crockett this morning. the fire was first reported shortly before 4 a.m. near the intersection of jackson street and loring avenue. contra...
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when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most politically connected. you really have to disengage congress and get more private money going directly where they can actually make a profit and you'll get more infrastructure. >> yeah, but donna, i mean, president obama signed the recovery act and spend billions on infrastructure project. did we get our money's worth? what did that money goes toward? >> well, first let me say, we do need some more money. yes, some airports can be built privately, and there's no question we're spending the money in the wrong places, but even if we took all the money going to highways, lik
when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most...
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backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other] stuart: that is my take. big money at the story everybody is talking about today, lance armstrong comes clean on informant -- performance enhancing drugs and made millions in prize money and endorsements, raise a lot of money for his cancer charity. we are a forgiving country. we really are. here is the question. will the nation give him a second chance or is he totally finished? we will ask that question. we have a pr executive on whether it lands can have his image and i have my take on mr. armstrong around 10:28 this morning on this pro
backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other]...
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so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! people have been daring them to clean up tough messes. [ phone ding! ] another dare. they're proving that viva doesn't play by the rules. dunk it again for the close-up. my fans think a paper towel can't handle this. ♪ that is tough when wet. at least the fame hasn't gone to their heads. [ peggy ] grab viva and break the rules on all your tough messes. the camera loves your mom. she's a natural. ♪ [ cheers and applause ] >>> welcome back, everybody. we are joined right now by a golden globe award winning actress. you know her from movies like "pulp fiction" and "kill bill." and from her emmy nominated performance last season on, "smash." in th
so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! people have been daring them to clean up tough messes. [ phone ding! ] another dare....
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economists anticipate the payroll increase tax hike will reduce u.s. house hold incomes by a collective $125 billion this year. >>> a another brutely cold night and into tomorrow morning. it is going to be freezing and below freezing once again. a look here at the pattern. we remain with the trough to the east of us. a ridge of high pressure to the west, but this ridge is slowly nudging east, and eventually, by midweek wednesday and lasting into the weekend, it will be overis, and that is going to bringis warmer weather. so warmer weather on the horizon, it's not going to be here in time for tomorrow morning. tomorrow morning very cold once again. lows sinking back into the 20s and 30s. if you're just joining us, freeze and frost advisories once again, freeze for our inland valley location,, that frost will be with you as you start the day, perhaps even a little bit of black ice. tomorrow morning 27 in santa rosa. upper 20s in concord. 27 in fairfield, freezing in san jose. below freezing in redwood city, as we get into the afternoon, temperatures are
economists anticipate the payroll increase tax hike will reduce u.s. house hold incomes by a collective $125 billion this year. >>> a another brutely cold night and into tomorrow morning. it is going to be freezing and below freezing once again. a look here at the pattern. we remain with the trough to the east of us. a ridge of high pressure to the west, but this ridge is slowly nudging east, and eventually, by midweek wednesday and lasting into the weekend, it will be overis, and that...
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it's a special tax form. have you to file for every single state that you're in where the pipeline might go through. it's a little complicated so some people have been buying exchange-traded funds because there's mlp exchange-traded funds. the point is if you're interested in dividends, these -- these kinds of deals are very, very host investments. two other ones are coming this week. >> not really seeing the kind of pace that we've seen for ipos. haven't seen the business come back. >> norwegian cruise lines goes back. not a massive limited partnership. >> that's a very well known name. >> sure they will be trying it out. >> get me my sunglasses. >> closing countdown coming up. >> and is congress threatening the economy with the looming fight over the debt ceiling? something we're all talking about, and will washington ever get serious about fixing the debt crisis. do not miss, this should be pay-per-view's, maria's exclusive interview with alan simpson coming up on the "closing bell." >> he's always great.
it's a special tax form. have you to file for every single state that you're in where the pipeline might go through. it's a little complicated so some people have been buying exchange-traded funds because there's mlp exchange-traded funds. the point is if you're interested in dividends, these -- these kinds of deals are very, very host investments. two other ones are coming this week. >> not really seeing the kind of pace that we've seen for ipos. haven't seen the business come back....
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know our neighbors, the congressman in the next district, however it works, why would i pay higher taxes for your kids to go to school? why would you sacrifice something for me to get health care? >> why would you believe if i told you i would be with you the next time? developing relations. >> not just legislative, culture. you have to know each other for a republic to work. don't have to love each other but have to feel neighborliness. >> that's a good point. look at congress. there was a time members of congress lived in washington. now, it's a three-day workweek e essenti essentially, tuesday, wednesday, thursday, they're on planes back to their districts, no matter how far away for the four-day weekend. they don't spend that much time together, don't spend that much time in washington like they used to. the old sort of image of the washington dinner party in georgetown, where decisions are made and even where friendships and bonds are created that lead to those decisions, that's kind of out-dated. >> it's the politics. the problem is it's us in the media. if they get together. this
know our neighbors, the congressman in the next district, however it works, why would i pay higher taxes for your kids to go to school? why would you sacrifice something for me to get health care? >> why would you believe if i told you i would be with you the next time? developing relations. >> not just legislative, culture. you have to know each other for a republic to work. don't have to love each other but have to feel neighborliness. >> that's a good point. look at...
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as for the bill itself, the pathway to citizenship would come with a payment of fines and back taxes. the bill would also include a nationwide legal verification system for all newly hired workers. additional visas for highly skilled immigrants and a guest worker program. top senate democrat harry reid sounded optimistic about its passage. >> tentatively on a path to citizenship which has been a stumbling block. we need to promote bipartisan bills quicker than you think. >> you are confident this will amount to something substantial? >> we'll do something significant. >> then again, there's always the lower chamber. according to texas congressman lamar smith, any bill with a pathway to citizenship will have a hard time passing. phil, the georgia republican who weighed in so very eloquently on todd aken's rape comments this weekend, told the "new york times" he remains opposed to amnesty of any kind. joining us now is telemundo jose diaz. it is always a good day when you are on this program, my friend. great to see you. >> thank you so much. thank you so much. >> jose, let me ask you -
as for the bill itself, the pathway to citizenship would come with a payment of fines and back taxes. the bill would also include a nationwide legal verification system for all newly hired workers. additional visas for highly skilled immigrants and a guest worker program. top senate democrat harry reid sounded optimistic about its passage. >> tentatively on a path to citizenship which has been a stumbling block. we need to promote bipartisan bills quicker than you think. >> you are...
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why would we spend tax dollars on a one-man star ship. reason magazine says this could mark the end of -- >> i think a lot of things end political discourse. the whole petition thing was silly. everyone knew people would use it to create stupid petitions and have the white house respond. all fans should get the infomercial guy with the question marks to be the next secretary of the treasury. get him in the treasury department. get him in there. >> it is a great idea. you act like you have never heard a great idea on red eye of the. >> that's not true. this place is full of good ideas. >> obama promised to answer any petition that gets 2ive foo,000 signatures. do you think huey is regretting that pledge? >> or somebody does it for him. >> doesn't he do his own tweets? >> it could be possible other people help. i know it is shocking. >> keith, if this death star thing ran on clean energy instead of coal or whatever the death star runs on, do you think it might have gotten more support from the white house? >> that's a great idea. >> name an
why would we spend tax dollars on a one-man star ship. reason magazine says this could mark the end of -- >> i think a lot of things end political discourse. the whole petition thing was silly. everyone knew people would use it to create stupid petitions and have the white house respond. all fans should get the infomercial guy with the question marks to be the next secretary of the treasury. get him in the treasury department. get him in there. >> it is a great idea. you act like...
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tax bill. and, because there's so much of the lessons is, so much to complain about. the business roundtable has been out there leading the charge in single, this is crazy. our corporate tax rate is now the highest in the world. putting us in a pretty bad position. so, you know, again, i almost never say this, but this does come down to leadership, and this does come down to three people. the president, somebody innocent, and somebody in the house. been willing to put aside all the special interests, lock the lobbyists out of the room, and come up with a tax bill. people know what should be in it, right? we know that there's a lot of justice done -- a lot of injustice done in the tax bill. but it does take that kind of moment to happen. it did happen once before in our lifetimes, and maybe it will happen again. and hoping maybe even this year or next year spend your optimistic? >> i actually am, only because in what happened in the discussion about the deficit is that it opened up a discussion
tax bill. and, because there's so much of the lessons is, so much to complain about. the business roundtable has been out there leading the charge in single, this is crazy. our corporate tax rate is now the highest in the world. putting us in a pretty bad position. so, you know, again, i almost never say this, but this does come down to leadership, and this does come down to three people. the president, somebody innocent, and somebody in the house. been willing to put aside all the special...
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on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the market and also have those higher dividends. >> susie: and the other two sectors that you also recommend to your morgan stanley clients, health care, companies like cardinal health, and industrials like honeywell, general motors what is the story there? >> well, for health care look, when you want to be a little defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you know they are much che
on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the...
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i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a spaceship. a spaceship. and what's slow? my grandma's slow. would you like it better if she was fast? i bet she would like it if she was fast. hm, maybe give her some turbo boosters. tape a cheetah to her back. tape a cheetah to her back? seems like you have thought about this before. [ male announcer ] it's not complicated. faster is better. and the iphone 5 downloads fastest on at&t 4g. ♪ i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ [ sneezes ] [ sniffles ] [
i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a spaceship. a spaceship. and what's slow? my grandma's...
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compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether it is fair game to use the debt ceiling as a piece of political leverage to get the government to stop its spending. on the one hand, people on the right say, well, what else are we going to use? we are engaging in sort of financial madness spending so much so we have to use whatever tool is available there and you heard the president yesterday, tamron, saying this is like taking the economy hostage by threatening not to pay debts that we have already incured. >> tyler, as i mentioned, the dow up just a little bit today. how soon will we see perhaps start to see an impact on the arrows on the sc
compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether...
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these three states pay 16% of the taxes of our great country. but they can't produce if their subways are broken, if their schools are flooded, if the hospitals have been evacuated and the money's not there to help them rebuild. they can't produce, they can't be part of the great economic engine of this country. so i just plead with my colleagues not to have a double standard. not to vote tornado relief to alabama, to louisiana, to mississippi, missouri, to -- with ike, gustav, katrina, rita, but when it comes to the northeast, with the second worst storm in the history of our country, to delay, delay, delay. we need the aid, we need it now. we need the entire package. you can't rebuild a subway station with one brick. you have to do the whole thing. thank you. the speaker pro tempore: the gentlelady's time has expired. the gentleman from oklahoma is recognized. mr. cole: thank you, mr. speaker. i yield myself 30 seconds. again, i associate myself very much with the substance of the gentlelady from new york's remarks. there's no question there's
these three states pay 16% of the taxes of our great country. but they can't produce if their subways are broken, if their schools are flooded, if the hospitals have been evacuated and the money's not there to help them rebuild. they can't produce, they can't be part of the great economic engine of this country. so i just plead with my colleagues not to have a double standard. not to vote tornado relief to alabama, to louisiana, to mississippi, missouri, to -- with ike, gustav, katrina, rita,...
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tax refund. guess what you just gave a loan to your uncle sam interest free. so you know what, if you got a big tax refund, you may want to adjust your withholding, it can help your cash flow. and really important, there are tax credits that were extended as part of the fiscal cliff deal. this could help a lot of low to mid income taxpayers defray that increase in payroll taxes. pay attention at tax time. you will find some money. >> good to see you. thank you very much. >> great to be with you. >> still think it's worth getting excited when you get a big tax refund, jill. don't be a buzz kill. >> wait a second. >> don't be a buzz kill. >> when you give interest-free loans -- >> i hear you. >>> we'll hand it over to charlie. >> we want now to show you some performers who are turning the world of modern dance on its side. they do much of their dancing on skyscrapers and cliffs wearing rockclimbing gear. a lesson in their unique art. >> reporter: these are dancers who clearly believe that all the w
tax refund. guess what you just gave a loan to your uncle sam interest free. so you know what, if you got a big tax refund, you may want to adjust your withholding, it can help your cash flow. and really important, there are tax credits that were extended as part of the fiscal cliff deal. this could help a lot of low to mid income taxpayers defray that increase in payroll taxes. pay attention at tax time. you will find some money. >> good to see you. thank you very much. >> great to...
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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police officers lift a tax which their bare hands to save a trapped man. look at this. see more also here. >> biggest gathering on earth is now under way. stay with us. 7 news at 9:00 [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> well not only new york fin finest but may new york strongest. looking at amateur video of police officers lifting up a taxi that had just run of a man. officers apparently chasing the guy when he ran right in front of the cab. cops then literally lifted the taxi up and swung it away from the pinned man. he was taken to the hospital in critical condition. >>> huge redwood tree came crashing counsel today on home in marin county tak
police officers lift a tax which their bare hands to save a trapped man. look at this. see more also here. >> biggest gathering on earth is now under way. stay with us. 7 news at 9:00 [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ]...
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we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation, that really is talking down america. the president is encouraging congress, encouraging america to pay its bills using a credit card to pay its bills, using borrowed money to pay its bills. that credit card will never be paid off and the balance on it will never be paid down. that is dead beat behavior and that should be pointed out. by using that expression, the president is talk down america. we stand not as tall in the eyes of the world when the president uses that kind of language. >> gretchen: could it also be he was talking down to republicans because he thinks right now that he has the maj
we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation,...
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than permanent tax cuts. so i think part of it will come out of savings, because people will have saved up, as it were, to prepare themselves for this. but not all of it. we are going to have slower consumer spending, i think, in the first half of the year. my point is, it's not going to be the consumer that's going to be driving things. and we are probably going to have a little bit of a pickup in hiring. we think payroll is going to be 175,000 a month. we had an encouraging pickup in wage increases in the december payroll data. that's not a blip. that's the beginning of a new trend. you are going to see better income numbers. i think when you get that december personal income number that's going to look fairly decent number on the wage side giving consumers some cushion to pay those higher payroll taxes. >> and if we should have a decline in inflation or oil prices or gas prices, that will help, as well. but, john, the question becomes, was what happened on the late in the evening on what was it, december 3
than permanent tax cuts. so i think part of it will come out of savings, because people will have saved up, as it were, to prepare themselves for this. but not all of it. we are going to have slower consumer spending, i think, in the first half of the year. my point is, it's not going to be the consumer that's going to be driving things. and we are probably going to have a little bit of a pickup in hiring. we think payroll is going to be 175,000 a month. we had an encouraging pickup in wage...